late word tonight that elon musk is ending his bid to buy twitter. the $44 billion deal collapsing. why the world s richest man decided to walk away and what happens now. two weeks after the supreme court s bombshell decision to overturn roe v. wade, president biden today signing an executive order aimed at protecting access to reproductive health-care services. the president blasting the majority decision, calling the supreme court out of control. with nearly all abortions now ceased in 14 states, the white house is under growing pressure to protect abortion rights. a day of mourning in highland park, illinois. the first memorial services held for three of the seven people killed during the mass shooting at the fourth of july parade. a major witness appearing before the january 6th committee. former president trump s white house counsel pat cipollone testifying for hours behind closed doors. what happened inside the west wing as the attack on the u.s. capitol was unfol
Biden signed a bill that could ban TikTok What happens next?
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US Chamber of Commerce Calls UAW Strike A Natural Result President Biden s Pro-Union Bias
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jarvis. rebecca, what does all this mean now? reporter: even before the ink was dried on the deal, musk was hinting at having second thoughts. now we re setting up for a long court battle. twitter s board responding tonight on twitter, saying the board is committed to closing the transaction on the price and terms agreed upon by musk and plans to pursue legal action to enforce the merger agreement. we are confident we will prevail in the delaware court of chancery. i ve spoke to a handful of analysts, including dan ives, a wall street analyst at webb bush securities, and he believes the chances of a deal getting done between twitter and musk at this point are slim to none. he expects musk will ultimately pay back the $1 billion breakup fee that he agreed to at the outset of this transaction. there may be more fees and the stock is set to fall on monday. whit? an expensive breakup, that s for sure. rebecca, thank you. next here tonight, president biden responding to mounting pre